The Evening Standard

Should tech companies pay for services like news? Australia thinks they should.

July 31, 2020

 

With the tech companies making so much money, some are questioning whether they should be paying providers for some of their services - like news. And Australia's doing something about it.

 

It's passed a law that will force Facebook and Google to fork out for content from the country's media companies.

 

The royalty-style system will come into force at the end of the year, with Australia's treasurer Josh Frydenburg saying it's "about increased competition and protection".

 

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